Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.1 trillion (as of April 2016). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers.

You can start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • John writes about Forex Optimum:

    The broker's not bad, of course the conditions aren't the best, but I can't call them bad either. Withdrawal is always problem free with this broker. I usually withdraw atleast 200 dollars every 20-30 days. Forex optimum isn't a fraud, tested it on m...

  • jason.forex from United States writes about FinPro Trading:

    It is such a pain to find brokers who accept US clients. Found them in a list on a forum and its been a smooth journey ever since. Like their spreads, commission and the instruments they offer to trade. No issues with withdrawals and I’m guessing dep...

  • Bradley from UK writes about LQDFX:

    Never had any difficulties with this broker, support is fast, issues are dealt quickly, overall good service.

    From trading point of view - the platform's performance is not bad at all, spreads are really tight and execution is fast, which appears as...

  • ProFX from France writes about AMarkets:

    Just have to share, since I was very pleasantly surprised with this broker. I'm trading on Forex for more than 5 years and have had many brokers. Initially I was picking brokers who are registered, thinking it would help in case something happens. As...

Forex Blog

EUR/USD Loses Gains, Driven Down by US Data

Tue, 25 Jul 2017 19:11

EUR/USD rose today as the two-day meeting of the Federal Reserve started. The currency pair lost its gains, though, as basically all of today's reports in the United State were good. S&P/Case-Shiller home price index rose 5.7% in May, year-over-year. Analysts expected the same 5.8% rate of growth...

Spread Display and Take-Profit Multiplier in Position Size Calculator

Mon, 24 Jul 2017 18:04

It is time to roll out a new version of the Position Size Calculator indicator. Although the new release does not implement any breakthrough changes it introduces some useful features and fixes one annoying bug. Take-profit button multiplier (set via input parameter) can be...

EUR/USD Slips, Remains Near Highest Since August 2015

Mon, 24 Jul 2017 15:56

EUR/USD slipped today, though remained near the highest level since August 2015 as the dollar continued to feel the pressure of adverse fundamentals. Among them were the inability of US President Donald Trump to push with his reforms and the investigation into alleged ties of Trump's election campaign to Russia. As for today's economic reports...

Forex News

US Dollar Recovers Briefly on Positive US Consumer Confidence

US Dollar Recovers Briefly on Positive US Consumer Confidence

Tue, 25 Jul 2017 15:30

The US dollar today rallied briefly against its peers after the release of positive US consumer confidence data by the Conference Board. The US dollar rallied briefly against the euro, which saw the single currency decline against the greenback from 52-week highs recorded earlier today.

Euro Climbs on Upbeat German Business Confidence

Euro Climbs on Upbeat German Business Confidence

Tue, 25 Jul 2017 14:30

The euro rose against the US dollar on Tuesday, after a new report showed better business confidence in Germany than previously expected, the biggest economy in the European Union.

Great Britain Pound Rallies, Ignores IMF Downgrade

Great Britain Pound Rallies, Ignores IMF Downgrade

Mon, 24 Jul 2017 19:57

The Great Britain pound gained against its most-traded rivals during the current trading session, rising for the first time after five consecutive sessions of losses versus the Swiss franc and the Japanese yen, even though the International Monetary Fund revised its growth outlook for the United Kingdom.

Commodity Blog

Copper Spikes 3% on Technical Momentum, Strong Chinese Economic Data

Tue, 25 Jul 2017 16:34

Copper futures are surging more than 3% on Tuesday thanks to technical momentum and strong Chinese economic data. With traders worrying about supply-side...

Bitcoin Price Returns Below $2,600 on Renewed Fork Fears

Tue, 25 Jul 2017 15:43

The price of Bitcoin crashed on Tuesday to return below $2,600, after trading around $2,800 over the past few days. The price crash appears to stem from...

Tether and Bitcoin Blasting Off, Daily Volume Increasing, USDT Technical Analysis and Weekly recap

Tue, 25 Jul 2017 9:46

It has been a rather dynamic week for both bitcoin, and tether respectively. The prior weekend saw strong volume across all USDT pairs on ...

Forex Video Zone

Crypto Currencies Get Ready to Rise

Tue, 25 Jul 2017 16:34

Lately, market participants have shifted their attention from traditional currencies to crypto currencies amid high uncertainty. With every passing day, Bitcoin provides both speculators and investors with more opportunities for earning money. Yesterday, this trading instrument once again tried to hit the record high at $2,770, so today buyers fix their profits. As a result, Bitcoin retreated to the level of $2,540. The digital currency has...

Gold Forecast — July 25th 2017

Tue, 25 Jul 2017 15:30

In this video, the Trader Guy looks at the commodity Gold for the July 25th session. Gold — As you can see on the daily chart, the 50-day Exponential Moving Average is flattening out. We have been just kind of consolidating for a while and that is not a huge surprise. There are a lot of questions as to where the Federal Reserve is going next. With this being the case, I think, when I look at this...

USD/JPY and AUD/USD Forecast — July 25th 2017

Tue, 25 Jul 2017 13:26

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the July 25th session. USD/JPY — As you can see that we fell a bit during the course of the session on Monday, but turned around to form a bit of a hammer. A break above the top of the hammer sends this market higher. It looks like the 111.00 level is trying to be important. When you look at the overall attitude...